Prices for Electricity from Renewable Energy Sources in Finland

  Hydro Wind Biomass Photovoltaic Geothermal
Price          
Support scheme Average market price for electricity + Subsidies
Subsidies (i.e. in particular tax deductions and investment support) + guaranteed access to the grid
(Feed-in tariffs under consideration)
Current applicable
law
Electricity Market Act 1995
Energy Aid Law
Particularities Support through
energy taxation
system:
6.9 €/MWh
Support through energy
taxation system:
4.2 €/MWh
Support through energy
taxation system
-forestry wood chips:
6.9 €/MWh
- recycled fuels:
2.5 €/MWh
Support through energy
taxation system:
4.2 €/MWh
Support through energy
taxation system:
4.2 €/MWh
Average Market
Price for Electricity
(2008)*
124,70 €/MWh 124,70 €/MWh 124,70 €/MWh 124,70 €/MWh 124,70 €/MWh

* prices include VAT; 2008 has been a year with relatively high electricity prices in Finland; According to Finnish Energy Industry, the total price of domestic power (5000 kWh/yr)
inclusive of the costs of electric energy, transmission and distribution, and value added and electricity taxes at the start of 2009 stood at 12.44 c/kWh, coming from 11.27 c/kWh at the
start of 2008. The increase last year was 10.3 percent. The price paid by average household for his electric energy rose during the year by an average of 17.1% to 6.9 c/kWh, exclusive
of tax 5.66 c/kWh.

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